Can Zumiez Inc’s (ZUMZ) hike of 19.69% in a week be considered a lucky break?

NFTs Stocks

Zumiez Inc (NASDAQ: ZUMZ) on Tuesday, soared 6.49% from the previous trading day, before settling in for the closing price of $15.87. Within the past 52 weeks, ZUMZ’s price has moved between $12.90 and $21.49.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -1.27%. The company achieved an average annual earnings per share of 80.30%. With a float of $15.87 million, this company’s outstanding shares have now reached $19.83 million.

The extent of productivity of a business whose workforce counts for 8900 workers is very important to gauge.

Zumiez Inc (ZUMZ) Insider and Institutional Ownership

Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Zumiez Inc is 20.00%, while institutional ownership is 79.19%. The most recent insider transaction that took place on Apr 04 ’24, was worth 143,100. In this transaction President International of this company bought 10,000 shares at a rate of $14.31, taking the stock ownership to the 57,917 shares. Before that another transaction happened on Jun 09 ’23, when Company’s Director bought 5,000 for $14.87, making the entire transaction worth $74,350. This insider now owns 16,312 shares in total.

Zumiez Inc (ZUMZ) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 80.30% per share during the next fiscal year.

Zumiez Inc (NASDAQ: ZUMZ) Trading Performance Indicators

Zumiez Inc (ZUMZ) is currently performing well based on its current performance indicators. A quick ratio of 1.37 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.25, a number that is poised to hit -1.14 in the next quarter and is forecasted to reach 0.53 in one year’s time.

Technical Analysis of Zumiez Inc (ZUMZ)

The latest stats from [Zumiez Inc, ZUMZ] show that its last 5-days average volume of 0.39 million was superior to 0.21 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.61%. Additionally, its Average True Range was 0.69.

During the past 100 days, Zumiez Inc’s (ZUMZ) raw stochastic average was set at 46.57%, which indicates a significant decrease from 90.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.25% in the past 14 days, which was higher than the 47.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.71, while its 200-day Moving Average is $17.43. Now, the first resistance to watch is $17.44. This is followed by the second major resistance level at $17.97. The third major resistance level sits at $18.71. If the price goes on to break the first support level at $16.17, it is likely to go to the next support level at $15.43. The third support level lies at $14.90 if the price breaches the second support level.

Zumiez Inc (NASDAQ: ZUMZ) Key Stats

Market capitalization of the company is 335.13 million based on 19,833K outstanding shares. Right now, sales total 875,490 K and income totals -62,610 K. The company made 281,820 K in profit during its latest quarter, and -33,490 K in sales during its previous quarter.